For Bumper Man, who is required to satisfy the requirements of the Initial Training program?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
- (iii) The transferee and its owners as specified by Franchisor will complete the Initial Training.
- (iv) The transferee and each of its owners specified by Franchisor will agree to be bound by all of the terms and conditions of Franchisor's then-current form of franchise agreement and sign the ancillary agreements and documents Franchisor requires for franchisees and any principal.
- (v) Franchisee and the transferee and its owners have agreed to and delivered to Franchisor the material terms and conditions that will comprise the purchase and sale agreement for the Operating Assets and all other assets to be included in the sale of the Bumper Business.
- (vi) Franchisee or the transferee pays to Franchisor a Transfer Fee in
connection with the Transfer which includes the fee for Initial Training as required above.
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man FDD, the requirements for initial training depend on whether the franchise is being transferred to a new owner. If a franchisee is transferring their Bumper Man business to another person, the transferee and its owners as specified by Bumper Man will need to complete the Initial Training program.
This condition is part of a larger set of requirements that must be met before or during the transfer of the franchise. These requirements include ensuring the proposed transferee has sufficient business experience, aptitude, assets, and financial resources, meets Bumper Man's standards for franchisees, and is not involved in a competitive business. The transferee must also agree to be bound by the current franchise agreement and sign any required ancillary documents.
Furthermore, either the franchisee or the transferee is responsible for paying a transfer fee, which includes the fee for the Initial Training. This ensures that the new owner is properly trained and prepared to operate the Bumper Man business according to the franchisor's standards, maintaining consistency across the franchise system.